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 Kemuning Utama - Aman Apartment

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caseykasem
post Apr 9 2013, 09:22 PM

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QUOTE(nadzimruddin @ Apr 9 2013, 05:51 PM)
Paramount will launch a new project  next to this site with minimum RM170k selling price. Basically u can assume what is the market price for KEMUNING AMAN + with the good quality of workmanship + good design of this property. cool2.gif  cool2.gif  cool2.gif
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Encik Din,

Was told the vacant site next to Kemuning Aman LMC is meant for the low cost apartments, but not sure if Paramount is keen to build them.With a maximum selling price of RM42K for low cost apartments , the Developer lose at least RM20K per unit.

Just wondering what the details of the proposed JV would be in terms of size and amenities.Care to share?
caseykasem
post Apr 24 2013, 09:18 AM

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Guys,

Is this for real? Sub-sale unit asking price now RM215,000????

http://www.iproperty.com.my/propertylistin...artment_ForSale
caseykasem
post Jul 30 2013, 09:09 AM

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QUOTE(jason_chee @ Jul 29 2013, 05:32 PM)
yea... i know which unit already. hehe. biggrin.gif i have issue with the seller cos sudden hike to 240K from 230K when i confirm the unit. the agent nego nego nego on it even i offer cash buy. cash buy dun have to wait ma. then they stand at that price of 235K. since i'm not happy with it. i rather dun buy that unit. smile.gif

anyway, congratz to u cos u got corner unit. biggrin.gif
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Jason,

Just curious to find out. When you say "you offer cash", when do you actually pay the balance of 90%? Upon signing S&P or upon 3+1 from S&P date?

Bearing in mind, even if you can sign the S&P after agreeing to price and all other terms and conditions, you can't actually date the S&P as we do not know when Vacant possession /CF will be out. The seller won't (or shouldn't) date it now as he will be caught at the top rate of 15% RPGT.

Developers sales advisors are saying that once S&P fully signed by seller and buyer and balance of 10% (usually 7% after deducting 3% earnest deposit paid to agent) also paid to the lawyers. Once the VP is given, the S&P will be dated and the 3+1 will commence from that date.

Very happy to hear of other methods used?

Tq
caseykasem
post Jul 30 2013, 09:48 AM

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QUOTE(jason_chee @ Jul 30 2013, 09:22 AM)
nope. not paying 90% immediately. as per agreed with Vendor to avoid 15% RPGT, the SnP date will be set 2 years from the date of 1st SnP. Stamping will be done later. I don't know the full procedure cos i'm not Lawyer and i never buy subsale before VP. What i'd agreed is, SnP sign in 14 days upon confirmation of the sales. Stamping will be done in Sept. my lawyer will expedite the documentation and once everything ready, i will pay the balance of 90%. since there is no loan involved, process will be fast and quick. if my lawyer complete the entire thing in Oct, then i pay 90% in oct even thought snp stated 3+1. but that also subject to VP. if VP in Sept, then i'm looking at 1 month from there. if VP in next year, then next year only will complete the transaction.

but i don't think the 3+1 will kick off upon VP. that would be time consuming for vendor. might as well vendor wait until VP only sell. that time price would be higher and they can gain more profit.
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Many thanks for the super prompt update. I'm no lawyer either but I think there may be an issue in getting the property assessed for stamping fee (called adjudication, I think) as the property is not handed over yet. I am not sure if the S&P can be completed without this adjudication step sorted out first.
caseykasem
post Jul 31 2013, 08:26 PM

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QUOTE(JamesPond @ Jul 31 2013, 09:50 AM)
235k for a low cost flat.
it is a milestone.
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Strictly speaking, these are Low Medium Cost (LMC) apartments and not Low Cost (LC).

The things is these are well built by a highly reputable Developer. Every other phase of Kemuning Utama has enjoyed tremendous capital gain over past few years. Also, highly rare to have LMC that comes with 2 covered car parks ( for the higher floors) and 4 lifts servicing 16 units per floor.

I suppose one has to compare with similar products in Kota Kemuning (KK) and Bukit Rimau to determine the true value. According to iProperty.com ,walk up LMC apartments in KK near the police station are selling for RM170k for 4th floor and RM280K for ground floor. Similar prices for the Randa walk up Apartments.
caseykasem
post Aug 6 2013, 04:52 PM

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QUOTE(jason_chee @ Aug 6 2013, 04:03 PM)
cos extra 2 Months FD interest. tongue.gif

besides, valuation might not reaching 250K now but maybe 250K valuation can meet after VP.
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Jason ,

You got pm
caseykasem
post Aug 29 2013, 01:03 PM

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QUOTE(MRJN @ Aug 29 2013, 12:44 PM)
love to but it involves a 3rd party ...the buyer might not like it.even if i display the evidence of transaction some soondookian might want to dispute it saying it was created.never ending and besides that what am i going to gain from it.i have sold my unit.i have locked in my profit.period.anyway that is the current market price.after this you will see soon some sooondoookian will say that he bought a unit for rm 150k.i am sure you would know who the sooondoookian his.godspeed
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MRJN,

you got pm
caseykasem
post Oct 28 2013, 09:01 PM

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Considering selling my unit at Kemuning Aman. Very high floor with upgraded tiles package and 2 adjacent covered car parks right next to the building.

Serious buyers can pm for details. Tq
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